BOME/USDT – 1H – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.

A continuation of the downward movement down to the next support at 0.001651000 will continue.

Caution: A possible change in the direction of the resistance zone at 0.001848000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.001693158 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.001848000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

0.001848000 – 0.001824000 – 0.001799000 – 0.001768000 – 0.001651000 – 0.001690000 — 39.644374121166 – 35.435172133126

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – – –